Mar 29, 2017 at 11:24 | Source: Moneycontrol.com
Some changes in income tax laws that you should be aware of.
Mar 29, 2017 at 10:20 | Source: PTI
The policy-making body of the Income Tax department made it clear that such condonation of delay in making payments by the deadline of November 30, 2015 will be "discriminatory" against those declarants of the Income Disclosure Scheme (IDS) who adhered to the deadline and paid the tax, surcharge and penalty on the stash declared by them.
Mar 28, 2017 at 08:00 | Source: Housing.com/news
Existing TDS provisions on rent paid Tax deduction at source (TDS), is a process in which the payer of the income, pays you the income after deducting tax at the prescribed rates. The existing R
Mar 27, 2017 at 15:32
The man, whose identity is not yet revealed, deposited the cash in an Indian Overseas Bank branch under the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
Mar 27, 2017 at 10:03 | Source: Moneycontrol.com
Budget 2017 provisions will be applicable from April 1. It is time to realign your money matters accordingly.
Mar 24, 2017 at 15:50 | Source: PTI
"During the last three financial years (2013-14, 2014-15 and 2015-16) and the current financial year (up to January 2017), the I-T department conducted searches on about 2,534 groups of persons, which led to admission of undisclosed income of about Rs 45,622 crore apart from seizure of undisclosed asset (cash, jewellery etc) worth about Rs 3,625 crore," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.
Mar 24, 2017 at 07:49 | Source: PTI
Finance Minister Arun Jaitley, in his Budget for 2016-17, had provided for the seller to collect tax at the rate of 1 per cent from the purchaser on sale in cash of any goods or offering any services exceeding Rs 2 lakh.
Mar 23, 2017 at 21:08 | Source: Moneycontrol.com
According to officials, the declarants want more time to submit the money they declared under the scheme.
Mar 23, 2017 at 08:58 | Source: Moneycontrol.com
Over the last 2 years, I-T dept has hastened pace of seeding PAN with Aadhaar that contains citizens biometric & other details.
Mar 07, 2017 at 18:18 | Source: PTI
The tax collection in Delhi has grown at a rate of 20.84 percent (estimate) in the current year, but its revenue surplus has come down, as per the latest Economic Survey of the national capital released today.